Rishabh Agarwal New Delhi
As your editorial argued (Just do it, doc, Jan 28), the time was ripe for RBI to go for an interest rate cut. The hope that Governor YV Reddy would oblige, while announcing the credit policy, is all but dashed. For increasing exports, it is not advisable to hold the rupee artificially down. Moreover, additional capital controls are also not beneficial. An interest rate cut, given the present economic imperative to reduce interest arbitrage opportunities, would have led to a win-win situation for India.
RN Lakhotia New Delhi
The exoneration of Harbhajan from racial abuse proves that arrogance and perjury go together. Clearly, Australian players who in writing accused Harbhajan of calling Symonds a monkey are liars.
Sudhir K Bhave